THE fate of the Future group -Reliance Retail ₹27,500 crore deal hangs in the balance with Bank of India, a lead consortium lender, initiating insolvency proceedings to recover dues from the beleaguered retailer.
“…. Bank of India has served an advance intimation of filing an Application under Section 7 of the Insolvency and Bankruptcy Code, 2016 against the Company for default on nonpayment of monies due in terms of the Framework Agreement entered into between the Company and Bank of India,” group company Future Retail said in an announcement to the exchanges on Thursday.
この記事は The Morning Standard の April 15, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は The Morning Standard の April 15, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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